PANASONIC AVIONICS ACQUIRES TACTEL

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Apr 14, 2015 - software consultancy in Sweden that counts many prominent ... engineering and software expertise in the c
PANASONIC AVIONICS ACQUIRES TACTEL Hamburg, Germany – April 14, 2015 – Panasonic Avionics Corporation (Panasonic) is pleased to announce the acquisition of Tactel AB (Tactel). Tactel is a leading mobile app and software consultancy in Sweden that counts many prominent Scandinavian companies as its customers. This acquisition is part of an ongoing strategy to enhance Panasonic Avionics’ leadership and capabilities in software and design. Tactel will augment Panasonic Avionics’ existing engineering and software expertise in the consulting and development of apps, portals, visual and interactive design and back-end services. Tactel will operate as an independent unit of Panasonic Avionics and will continue to deliver a diverse range of solutions to its customers in the media, mobile and financial services industries under the leadership of Jonas Andersson, CEO. “We are excited to join Panasonic Avionics and participate in the profound change that mobile technology can bring to the modern inflight experience,” said CEO, Jonas Andersson. “Panasonic’s market leadership coupled with Tactel’s unique mobile industry experience will provide innovative software solutions for the aviation industry.” Paul Margis, President and CEO of Panasonic Avionics said, “Tactel is a unique and innovative company that delivers custom solutions with the personalized, rich experiences that today's connected passengers demands. We believe that Tactel’s unique blend of solutions and services will help enhance our inflight entertainment and broadband connectivity offerings, and also help our customers become even more successful.” -endsAbout Tactel Founded in 1995 in Sweden, Tactel grew to become a key software partner for Media, Telecom, Finance and Enterprise markets. A unique mix of deep technical know-how, visual and interactive design as well as service design led Tactel to become one of the most significant players in Scandinavia. Tactel was recently awarded "2014 Developer of the Year" at the Mobilgalan in Sweden. About Panasonic Avionics Corporation Panasonic Avionics Corporation is the world's leading supplier of inflight entertainment and

26200 Enterprise Way, Lake Forest, CA 92630 USA • Tel: +1.949.672.2000 / Fax: +1.949.462.7100 • @PanasonicAero

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communication systems. The company's best-in-class solutions, supported by professional maintenance services, fully integrate with the cabin enabling its customers to deliver the ultimate travel experiences with a rich variety of entertainment choices, resulting in improved quality communication systems and solutions, reduced time-to-market and lower overall costs. Established in 1979, Panasonic Avionics Corporation, a U.S. corporation, is a subsidiary of Panasonic Corporation of North America, the principal North American subsidiary of Panasonic Corporation. Headquartered in Lake Forest, California with over 4,100 employees and operations in 80 locations worldwide, it serves over 200 customers worldwide and provides IFEC systems on over 3,700 aircraft. For additional information, please visit www.panasonic.aero. ### Tactel AB Jonas Andersson, Ceo Tel + 46 (0)70 656 66 52 [email protected] Panasonic Avionics Corporation Brian Bardwell Tel: +1 949 462 1742 [email protected]

26200 Enterprise Way, Lake Forest, CA 92630 USA • Tel: +1.949.672.2000 / Fax: +1.949.462.7100 • @PanasonicAero